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Additional Information (a) Check Number 5904 is correctly drawn for $2,065 to pay for computer equipment; however, the recordkeeper misread the amount and entered it
Additional Information (a) Check Number 5904 is correctly drawn for $2,065 to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Compute Equipment and a credit to Cash of $2,022. (b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her account. Its return has not yet been recorded by the company. (c) The collection of the note on September 30 is not yet recorded by the company. Additional Information (a) Check Number 5904 is correctly drawn for $2,065 to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Compute Equipment and a credit to Cash of $2,022. (b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her account. Its return has not yet been recorded by the company. (c) The collection of the note on September 30 is not yet recorded by the company
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